Million
Tesla’s vanishing order hastens fall of an US$800 million fortune
TESLA once propelled a little-known South Korean family into the ranks of the ultra-rich on a landmark supply deal. But as the contract fell short of expectations, it became...
Alibaba, Abu Dhabi set to invest in AI startup MiniMax’s US$600 million IPO
CHINESE artificial intelligence (AI) startup MiniMax has secured Alibaba and the Abu Dhabi Investment Authority as key backers in its upcoming initial public offering (IPO) in Hong Kong, said...
LTA awards Obayashi Corp S$281 million contract to design and build new Brickland MRT station
THE Land Transport Authority (LTA) has awarded a contract for the design and construction of the new Brickland MRT station and viaduct, valued at around S$281 million, to Obayashi...
mm2 Asia unit receives payment demand for S$18.9 million from creditor
[SINGAPORE] A unit of embattled entertainment group mm2 Asia on Monday (Dec 29) said it has received a payment demand for S$18.9 million, even as the parent company secured...
China’s Leapmotor targets annual sales of more than four million units in a decade
Stellantis controls a joint venture that sells and produces cars for the company overseas[HANGZHOU] Chinese electric vehicle (EV) maker Leapmotor expects to sell more than four million vehicles a...
Frasers Property unit to lend up to 938.6 million baht to JV with two ThaiBev units
Capital injections will advance the technology and digitalisation of both Frasers Property Group and Thai Beverage Group[SINGAPORE] Frasers Property Holdings (Thailand), a subsidiary of Frasers Property , has agreed...
Tyler Perry’s Lawyer Calls $77 Million Sexual Assault Lawsuit Another “Failed Money Grab”
Rodriguez's lawsuit alleges, per People, that he was approached by a trainer at the gym in 2014 about getting in touch with Perry, who then encouraged him to audition...
Keppel Reit unit secures three bridge loans totalling S$892 million
[SINGAPORE] The manager of Keppel Real Estate Investment Trust (Reit) said on Wednesday (Dec 24) that it has obtained three bridge loan facilities totalling about S$892 million through a...
